NET(net) Healthcare Overview

12
AHEAD OF THE MARKET, BEHIND THE DEAL. FIND, GET, AND KEEP VALUE SERVICES FOR HEALTHCARE IT INVESTMENT OPTIMIZATION HEALTHCARE
  • date post

    21-Oct-2014
  • Category

    Documents

  • view

    234
  • download

    0

description

 

Transcript of NET(net) Healthcare Overview

Page 1: NET(net) Healthcare Overview

AhEAd Of ThE MArkET, BEhINd ThE dEAL.FIND, GET, AND KEEP VALuE SERVICES FOR HEALTHCARE IT INVESTMENT OPTIMIZATION

hEALThCArE

Page 2: NET(net) Healthcare Overview

NET(net)’s understanding of the market and ability to execute transformational change on a timely basis will enable Biomet to re-alize exceptional savings and capture value for years to come. We highly recommend NET(net) to other companies given NET(net)’s core expertise in technology negotiations and their successful track record of collaborating with Biomet’s internal IT people and our suppliers.”

Howard Levy Chief Procurement Officer,

Biomet, Inc.

Page 3: NET(net) Healthcare Overview

FED

ER

AT

ION

bearable equitable

viable

LEVErAGE Our Expertise to Benefit Your healthcare ITEven with a focus on reducing costs, healthcare organizations continue to overspend on IT products and services. Providers, payors, pharma, durable equipment manufacturers, etc. typically pay up to 33% more for IT than industries with the lowest average costs.1

NET(net) uses proprietary Federated Market Intelligence of historic, trending and current IT spend data built from managing more than 15,000 engagements with more than 1,500 global clients. This data-base enables us to identify, quantify and effectively remediate IT supplier agreements, investments, and relationships. We find that many of these agreements are improperly structured, not inclusive of the most favorable terms and conditions, and not priced and valued effectively.

We will help you Find, Get, and Keep maximum value in your technology deals. From Lawson financial applications, Microsoft licenses, Cisco networking equipment, telecom relationships, IBM servers, EMC storage arrays, to Epic, McKesson, and Cerner systems, and so on.

Stop paying the “healthcare premium.” Regardless of where you are in your Healthcare IT investment lifecycle, NET(net) will provide immediate value. Engage NET(net) and leverage our Advisory Services to Find Value, our IT Optimization and Negotiation Services to Get Value, and our Managed Services to Keep Value. We GuARANTEE the value you receive will result in a net/net, win/win situation.

NET(net) will generate sustainability in your healthcare technology investments.

NET(net) can help you analyze your options, optimize your

technology investments, negotiate the best

deals and manage your key technology

suppliers, resulting in dramatically improved strategic and economic value for your healthcare organization.

360° PERSPECTIVE

1 - NET(net) study of 504 client opportunities conducted from Jan. 2010 – Dec. 2012

Page 4: NET(net) Healthcare Overview

To assist in the global deployment of our enterprise CRM system, we engaged NET(net) to optimize and renegotiate our enterprise license investments. NET(net)’s in depth assess-ment and analysis not only identified areas that allowed us to find more value in our existing agreement, but ensured that our tech-nology infrastructure is positioned for our BI systems and CRM future needs. We could not be happier with the services provid-ed by NET(net) as we have achieved a fully optimized configuration and negotiated outcome that enables us to keep the value invested in our CRM deployment.”

Matthias Gelsok Global Director of IT,

MAQUET GmbH & Co. KG

Page 5: NET(net) Healthcare Overview

fINd VALUE — healthcare IT relationships

Most clients focus on their areas of recognized need, but when we are engaged collaboratively in the supplier evaluation process, we can help clients find significant latent value.

AnalysisFind Value by analyzing your current supplier spend and by identifying key opportunities to improve economic and/or strategic value.

VettingFind Value by vetting potential opportunities for value improvements by socially vetting suppliers in your technology supply chain with a strong peer network.

SelectionFind Value by utilizing a proven and disciplined supplier evaluation and selection process that reduces subjectivity and risk, and improves performance and value.

Most clients unknowingly suffer from sub-optimization in their technology supply chain, and lack the insights required to harvest that value in a way that targets and remediates economic value, but doesn’t damage strategic value. NET(net) has the proven ability to help you Find Value in your IT Supply Chain.

FIND VALuE

equitable

viable

equitable

viable

bearable equitable

bearable equitable bearable

viable

FED

ER

AT

ION

bearable

viable

FED

ER

AT

ION

FED

ER

AT

ION

bearable equitable

viable

FED

ER

AT

ION

bearable equitable

viable

FED

ER

AT

ION

bearable equitable

viable

Page 6: NET(net) Healthcare Overview

I am very pleased with the insight, advice, and negotiating proficiency that NET(net) brought to our team. NET(net) was able to help us optimize our enterprise investments, resulting in outstanding long term value and benefits for us. NET(net) was able to supplement our strategy with the market information we needed, as well as a proven process for achieving success. NET(net) also provided highly professional yet tenacious advice for unwavering ‘at the bargain-ing table’ tactics, resulting in highly customized and non-standard concessions designed for enduring benefits. Now, we are strategically aligned for a future partnership with our suppliers with shared goals and objectives that result in long lasting mutual gains and benefits.”

Scott Ranson CIO, Brookdale Senior Living

Page 7: NET(net) Healthcare Overview

GET VALUE — healthcare IT Optimization

federationWe’ll leverage our federated market intelligence to benchmark your agreements, investments, and relationships, and perform a gap analysis between the economic and strategic value of your deals versus market optimized conditions to highlight your opportunities for improvement.

IT Optimization We’ll leverage our proprietary tools to analyze your organizational requirements, and evaluate all the available supplier options, and will bring to life alternative deal permutations that meet your needs, but offer better economic and/or strategic value from the supplier solution.

NegotiationWe’ll leverage our patented negotiation methodologies, and provide decision support and/or “at the bargaining table” supplier negotiations assistance to ensure you get the protections and flexibility you need to capture maximum value in your commercial arrangement.

Sure, you want best in class pricing, but you need to consider more than just unit costs when optimizing your IT agreements, investments, and relationships. Healthcare technology deals are incredibly complex and the many potential deal permutations often breed conditions that result in sub-optimization. NET(net) can help you get the most value from your IT Marketplace, resulting in market best pricing, deals structured to best fit your precise requirements, and strengthened contractual agreements.

GET VALuE

NET(net)’s deep market expertise allows us to effectively gauge and remediate the economic value of your investments, and the strength and effectiveness of your agreements, so that you maximize the economic and strategic value of your relationships.

Relationship Optimizer

Maximize Strategic Value

Configuration Optimizer

Schema review, analysis & modification to ensure optimal solution settings

Transaction Optimizer

Detailed deal review, analysis & modification to ensure referential integrity

Contract Optimizer

Terms & conditions scrubbing for improved

protections & added flexibility

Market Optimizer

Negotiate new go-forward acquisition costs, & usage

& maintenance fees

ANALYZE Recover

Manage Optimize

IT Investment Optimization Process:

equitable

viable

equitable

viable

bearable equitable

bearable equitable bearable

viable

FED

ER

AT

ION

bearable

viable

FED

ER

AT

ION

FED

ER

AT

ION

bearable equitable

viable

FED

ER

AT

ION

bearable equitable

viable

FED

ER

AT

ION

bearable equitable

viable

Page 8: NET(net) Healthcare Overview

We worked with NET(net) to optimize a significant portion of our IT Spend and the results were outstanding. We experienced significant and meaningful reductions in cost as well as improved strategic value in the services being provided. The subject matter expertise and market knowledge NET(net) provided to us enabled us to gain a much greater depth of un-derstanding in our options and associated risk profiles which provided an outcome that strengthened our position both from a cost perspective as well as placing us in a strong negotiation position for the future. The project ex-ceeded my expectations and significantly benefited our business.”

Roy Satchell Chief Information Officer,

Catalent Pharma Solutions

Page 9: NET(net) Healthcare Overview

kEEP VALUE — healthcare IT Managed Services

Agreements We review and analyze select supplier agreements, and input contract meta data into our contract management tool, identifying key date-related provisions, setting meaningful alerts and notifying you proactively when action is required.

Investments We monitor and govern select supplier investments, and proactively and strategically manage financial performance, reconciling any discrepancies, and remediating any errors.

relationshipsWe review and analyze select supplier relationships, and oversee and remedy any critical issues that come up, maintaining custom supplier management plans, non-standard escalation paths, and executive level relationships.

To provide strategic and proactive supplier performance management, we create a proprietary framework that utilizes an evidence-based approach to generate improved levels of supplier performance and value. Our studies show that absent this approach, most organizations hemorrhage considerable value.

KEEP VALuE

Mark

et Optim

izer

New g

o-forw

ard

acquisi

tion co

sts,

discount

rate

s and m

ainte

nance

percenta

ges

Contract Optimizer

Terms and conditions

review, analysis and

modification

Configura

tion O

ptimiz

er

Schem

a re

view

, anal

ysis

and m

odifica

tion to

ensu

re

optimal

sett

ings

Transaction Optimizer

Historical deal analysis to

ensure transactional

integrity

Relationships Optimizer

Strategic Supplier Management(SRM, SPM, SFM)

Analyze

Recover

MANAGE

OPTIMIZE

NET(net) Keep Value Services is your assurance that you maintain

the long-term strategic value you worked hard to earn in your

agreements, investmentsand relationships.

equitable

viable

equitable

viable

bearable equitable

bearable equitable bearable

viable

FED

ER

AT

ION

bearable

viable

FED

ER

AT

ION

FED

ER

AT

ION

bearable equitable

viable

FED

ER

AT

ION

bearable equitable

viable

FED

ER

AT

ION

bearable equitable

viable

Page 10: NET(net) Healthcare Overview

After a large merger, DJO faced a big challenge in negotiating technology agreements that would enable the newly combined company to bring disparate processes together and to leverage its increased size and scale. We initiated discussions with our software suppliers on our own, but during the course of negotiations, it became clear that we would benefit from professional assistance. Our private equity owner, Blackstone, introduced us to NET(net). The results of the negotiation were millions of dollars worth of savings and benefits. Going forward, we would not consider large scale technology related in-vestments without seeking professional representation.”

Chris Shen Chief Information Office,

DJO Incorporated

Page 11: NET(net) Healthcare Overview

LEVErAGE OUr 360° PerspectiveNET(net) offers a powerful 360° Perspective on your Healthcare IT agreements, investments, and relationships. We bring the buy side and supply side together with our wider market perspectives, providing cross-functional expertise from business, legal, financial, and technical perspectives, all designed to help you maximize economic and strategic value.

Our 360° Perspective in creating the perfect deal distinguishes NET(net). We are committed, skilled negotiators, hard at work behind the scenes. NET(net) utilizes a hybrid of industry expertise and proprietary negotiation tactics and patented methodologies that are globally accepted to maximize value and achieve sustainable and beneficial agreements, investments, and relationships.

NET(net) brings this 360° Perspective to the table through its experience with more than 1,500 global clients, its expertise from professionally managing over 15,000 field engagements and its proven performance with 40% average savings and benefits and more than $100 billion of incremental client captured value since 2002.

Regardless of where you are in your Healthcare IT investment lifecycle, NET(net) will provide immediate value. Engage NET(net) to help you Find Value in your IT Supply Chain, Get Value in your IT Marketplace, and Keep Value in your Company, and we GuARANTEE the value you receive will result in a win/win situation with your suppliers, and a net/net solution to your bottom line.

PERFECT DEAL

Mark

et Optim

izer

New g

o-forw

ard

acquisi

tion co

sts,

discount

rate

s and m

ainte

nance

percenta

ges

Contract Optimizer

Terms and conditions

review, analysis and

modification

Configura

tion O

ptimiz

er

Schem

a re

view

, anal

ysis

and m

odifica

tion to

ensu

re

optimal

sett

ings

Transaction Optimizer

Historical deal analysis to

ensure transactional

integrity

Relationships Optimizer

Strategic Supplier Management(SRM, SPM, SFM)

Analyze

Recover

MANAGE

OPTIMIZE

OPTIMUM VALUE POINT: The right solution from the right supplier at the right cost with the right agreement. NET(net) offers the 360° Perspective required to achieve the Optimum Value Point and the perfect deal.

Page 12: NET(net) Healthcare Overview

GLOBAL CAPABILITIESNET(net) serves the global markets from offices in Europe, in North and Latin America, and in Asia, providing a “Big 4” international presence with the response and agility of a fluid organization. This provides you with a more frictionless business partner that delivers faster realization of value, and enables your organization with the ability to navigate international waters and assurance that you’ll overcome legal, language, logistics, currency, cultural, and other hurdles.

NET(net) Asia Limited10 Anson Road#15-07 International PlazaSingapore 079903

NET(net) Europe LimitedTown Mills SouthLe Rue Du Pré StPeter Port, Guernsey, GY1 3HZ

NET(net), Inc.Baker Lofts Building217 East 24th StreetSuite 010 Holland, Michigan 49423

NET(net) Latin America First Caribbean House PO Box 1990George Town Grand Cayman KY1-1104 Cayman Islands

All rights reserved. © 2002-2013 NET(net), Inc.